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Search Results 0 to 7 of about 8 (some duplicates have been removed)
Sep 9, 2010 6:30pm EDT
by wpbt >> tom: good evening and thanks for joining us. one word describes the mood of american businesses these days-- "uncertainty." susie, many companies are flush with cash, but they're not spending it or using it to hire workers because they're uncertain about the outlook on a host of important issues. >> susie: whether it's taxes, tom, new regulations, or health care reform, executives are not sure how these policies will impact their businesses. many economists say that uncertainty is a significant obstacle to economic recovery. >> tom: lawmakers return next week to washington, and republicans are expected to reopen debate on parts of healthcare reform. as stephanie dhue reports that'll add even more uncertainty to the business environment. >> as the november election draws near, senate republicans are sharpening their differences with democrats on health care. senator mike johanns says new requirements for small business tax filing have to go. he's making a case for that on youtube. >> this will mean a mountain of new paperwork for as many as 40 million businesses and other entitie
Sep 8, 2010 6:49pm PDT
. this over a 52-week low over demand with the semiconductors. does this worry you? >> it doesn't worry us longer term, and this is absolutely the right time to pick up a name like this. there isn't a lot of net debt on the balance sheet. they have actually been a consolidator, and this is a great time to enter this marketment we think there be much more consolidation. >> tom: mark, when you talk about long-term, is it 12, 18 months, or longer? >> probably a couple of years. >> tom: f.m.c. technology is unique in technology. it is really an oil services technology ferm. it has had a nice rally off the summertime lows. what is the catalyst? >> part of it was the concerns about the cessation of deepwater drilling. we recently added this name because they're one of the more environmentally-friendly players in the industry. they have an excellent safety record. we think longer term, they will continue to be safe drilling. this is one of the ways to play that. >> tom: back on march 17th, you were with us in the springtime. eastman kodak, off by almost 40%. sineron medical, off by 24%. and ameri
Sep 8, 2010 6:36pm PDT
. as we continue our "budget blues" series tonight, jeff yastine tells us how the lack of tax revenue means higher taxes and fewer services for people in the sunshine state. >> reporter: the human impact of the housing bust is well known-- unemployment, families uprooted, and a steep decline in home prices. now, the financial impact is coming home to roost. south florida is home to many examples, like the city of miami. >> this city has to function, and i don't think any of you want to see this city not function. >> reporter: last week, the city of miami called an emergency budget meeting to consider the unthinkable-- cuts in pay and pension benefits for police and fire-rescue crews. >> when considering voting on cuts in benefits, i would ask the commissioners the following question: how much would you have to be paid in order to risk the thought of not seeing your children or loved ones again, or to save a complete stranger? >> and i am confident that the experiment that is being played on city of miami employees is neither just nor legal. >> reporter: faced with plugging a $105 mill
Sep 8, 2010 7:00pm PDT
our economy into a ditch, or do we keep moving forward with policies that are slowly pulling us out? >> reporter: too slowly, republicans fired back. on jobs, republican leader john boehner argued the president's policies are the problem, and a few new ideas won't change that. >> until this uncertainty and spending is under control... i don't think these are going to have much impact. >> reporter: what does all this politicking mean for your bottom line? first, on those new proposals from the president: $50 billion in infrastructure spending, an expansion and extension of the research and development tax credits, and 100% expensing of new equipment. the last is most likely to become law, and even that analysts consider a long shot. second, whatever the election outcome, there will be less help coming for the economy. goldman sachs washington analyst alec philips says that's one reason his firm is downgrading their economic forecast for 2011. >> there's really three things happening there. one is the fading effect of the 2009 fiscal stimulus bill. number two is our concern that congr
Search Results 0 to 7 of about 8 (some duplicates have been removed)